The company reported net sales of $4.6 billion for Q2 2025 and net income of $299 million ($2.01 per diluted share). It said net income for Q1 was $217 million ($1.44 per share), and for Q2 it was $428 million ($2.72 per share).

1. 01

   The company reported net sales of $4.6 billion for Q2 2025 and net income of $299 million ($2.01 per diluted share). It said net income for Q1 was $217 million ($1.44 per share), and for Q2 it was $428 million ($2.72 per share).

2. 02

   The company said operating income for its steel operations in Q2 was $382 million, 66% higher than in Q1. It said the average external selling price rose $136 per ton from Q1 to $1,134, while the average ferrous scrap cost rose $22 per ton to $408.

3. 03

   The company said it generated cash flow from operations of $302 million in Q2. It said it invested $288 million in capital investments, repaid $400 million of senior notes, paid dividends of $75 million, and repurchased shares for $200 million, representing 1.1% of its outstanding shares. Liquidity was $1.9 billion as of June 30, 2025.

4. 04

   The company said net income for the first half of 2025 (6 months) was $516 million ($3.44 per diluted share), with net sales of $8.9 billion. Net income for the same period last year was $1.0 billion ($6.39 per share), and operating income declined 50% from the prior-year period to $658 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.